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ANNOUNCEMENT
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Consolidated Report on Payments to Governments
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( article 6 L.3556/2007)
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Titan Cement Company S.A. announces pursuant to article 6 of L.3556/2007 that TITAN Group has paid
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from 1/1/2015 to 31/12/2015 to Governments ( i.e. national , regional or municipal authorities of EU
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Member States and third countries) the total amount of Euro 16.846.281,12 for extracting operations as specified below:
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GROUP COMPANIES
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COUNTRY
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PAYMENT TYPE
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AMOUNT
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TITAN CEMENT S.A.
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GREECE
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Quarry Rental Fees
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920.383,40 €
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Municiplality Taxes
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112.626,25 €
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INTERBETON S.A.
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GREECE
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Quarry Rental Fees
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2.717.299,66 €
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Municipality Taxes
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462.602,94 €
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Concession Rights
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116.137,87 €
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Alexandria Portland Cemment Co
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EGYPT
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Clay Tax
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2.346.860,00 €
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Quarry Roylaties
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908.776,00 €
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Beni Suef Cement Co
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EGYPT
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Clay Tax
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4.025.856,00 €
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Quarry Roylaties
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186.251,00 €
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Cementi Antea Sha
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ALBANIA
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Extraction Fees
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329.147,00 €
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Titan America LLC
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USA
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Mitigation Taxes
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3.764.793,00 €
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SHARRCEM SH.P.K.
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KOSOVO
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Extraction Roylaties
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285.091,00 €
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Titan Cementarnica Usje A.D.
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SKOPJE
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Concession Fees
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149.912,00 €
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Titan Cementara Kosjeric A.D.
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SERBIA
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Concession Fees
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108.234,00 €
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ADOCIM A.S.
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TURKEY
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Quarry Fees
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412.311,00 €
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TOTAL
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16.846.281,12 €
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